{"version":"1.0","type":"rich","provider_name":"Acast","provider_url":"https://acast.com","height":250,"width":700,"html":"<iframe src=\"https://embed.acast.com/$/39fc4a99-8861-437d-81e2-684d13e48f92/69e10297a0cdd3989c4aba65?\" frameBorder=\"0\" width=\"700\" height=\"250\"></iframe>","title":"The succession crisis coming for family firms","thumbnail_width":200,"thumbnail_height":200,"thumbnail_url":"https://open-images.acast.com/shows/62e286a934d4d92155874248/1776353755874-8d70011a-6b37-42a6-b015-a652bbad49c7.jpeg?height=200","description":"<p>Around two-thirds of all firms worldwide are family businesses. This is about to become a problem. A <a href=\"https://www.economist.com/interactive/business/2026/04/09/a-giant-succession-wave-is-coming-for-family-businesses?utm_campaign=a.io&amp;utm_medium=audio.podcast.np&amp;utm_source=moneytalks&amp;utm_content=discovery.content.anonymous.tr_shownotes_na-na_article&amp;utm_term=sa.listeners\" rel=\"noopener noreferrer\" target=\"_blank\">succession crisis</a> is brewing as family elders consider handing over control of their empires to the next generation. So what happens if their heirs aren’t up to the job?</p><p><br></p><p>Guests and hosts:</p><ul><li>Lizzy Rudd, chair of Berry Bros and Rudd</li><li>Sanjiv Bajaj, managing director of Bajaj Finserv</li><li>Dr Josh Baron, senior lecturer at Harvard Business School</li><li>Avantika Chilkoti, <em>The Economist</em>’s global business writer&nbsp;</li><li>Mike Bird, co-host of “Money Talks”</li><li>Ethan Wu, co-host of “Money Talks”</li></ul><p><br></p><p>Topics covered:</p><ul><li>Family businesses</li><li>Succession planning</li><li>Luxury firms</li></ul><p><br></p><p><em>Transcripts of our podcasts are available via</em><a href=\"http://economist.com/podcasts\" rel=\"noopener noreferrer\" target=\"_blank\"><em> economist.com/podcasts</em></a><em>.</em></p><p><em>Listen to what matters most, from global politics and business to science and technology—</em><a href=\"https://subscribenow.economist.com/podcasts-plus\" rel=\"noopener noreferrer\" target=\"_blank\"><em>subscribe to Economist Podcasts+</em></a><em>.</em></p><p><em>For more information about how to access Economist Podcasts+, please visit our</em><a href=\"https://myaccount.economist.com/s/article/What-is-Economist-Podcasts\" rel=\"noopener noreferrer\" target=\"_blank\"><em> FAQs page</em></a><em> or watch</em><a href=\"https://www.youtube.com/watch?v=Gczo71bg1uY\" rel=\"noopener noreferrer\" target=\"_blank\"><em> our video</em></a><em> explaining how to link your account.</em></p>","author_name":"The Economist"}